Mutualfundreform.com

From the perspective of individual investors, revenue sharing is the Trojan Horse of the mutual fund industry. That means most investors have no idea that when they buy an actively-managed load fund, with its implied promise of above-average returns, they are also buying a package driven by 12b-1 fees and revenue sharing deals that they commonly do not know exist. But here’s a twist on this common story: What if…

The struggle for financial reform became more interesting this week as an association representing financial planners accused an insurance industry lobbying organization of trying to kill the adoption of a fiduciary standard for individual investors. In a petition signed by thousands of financial planners, the Financial Planning Coalition said the insurance industry wants to kill the proposal to adopt a single fiduciary standard for financial professionals who deal with the…

Mutual funds have, by default, become one of the primary vehicles to build wealth in America.  Pensions and savings were the traditonal vehicles in the last generation, but today, the erosion of home equity, decreases in 401(k) accounts, and threats to the future of Social Security all translate into new ways of approaching retirement and wealth creation.  This site discusses the issues related to wealth creation today, the threats to a…